Ro Bawa, Managing Director in charge of convertibles at Deutsche Bank in New York, said in a telephone interview Posnack was 'a legendary sales trader and a one-of-a-kind character'. They worked together for 10 years, until Posnack left Deutsche Bank in 2008.

'He was super chatty, on the phone 24 hours a day, often two phones to his ear', Bawa said. 'He loved it. He was made for this'.

Ian Bolland

A journalism graduate of Liverpool John Moores University. During his time at university, Ian spent time on work experience at local newspapers in Liverpool, Bolton and Wigan, and prior to that he did work for The Observer's 'fans verdict'. Ian also has interests in news, current affairs and business but mostly sport, including football, rugby league, cricket, golf and Formula 1, amongst others.